Lila D Rankin Trust
- Assets
- $268.4k
- Revenue
- $24.7k
- Investments
- $253.0k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1996
- Data as of
- 12/2021
- EIN
- 39-6188959
Organization Overview
Lila D Rankin Trust is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lila D Rankin Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lila D Rankin Trust generated $24.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $22.3k during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,517 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,194 |
| Capital Gain Net Income | $13,194 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,711 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,034 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $249 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,283 |
| Contributions, gifts, grants paid | $14,000 |
| Total expenses and disbursements | $22,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,628 |
| Savings and temporary cash investments | $5,745 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $18,316 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $268,369 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lila D Rankin Trust has awarded $13,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF FORT MADISON IOWA PURPOSE: GENERAL | $8,000 |
Keokuk, IA PURPOSE: GENERAL | $5,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Crosse Area Family Y M C A Inc La Crosse, WI | $28,629,813 | $12,107,335 |
Young Mens Christian Association Of Dane County Inc Madison, WI | $16,378,728 | $13,253,991 |
Young Mens Christian Association Oshkosh, WI | $34,377,249 | $9,898,548 |
Young Mens Christian Assn Of Springfield Springfield, IL | $53,739,952 | $13,727,074 |
The Young Mens Christian Asso Of The Chippewa Valley Inc Eau Claire, WI | $18,284,839 | $7,742,969 |
Young Mens Christian Association Of Southwestern Indiana Inc Evansville, IN | $35,777,512 | $15,565,864 |
Young Mens Christian Association Joliet Joliet, IL | $35,901,013 | $8,647,073 |
Woodson Y M C A Inc Wausau, WI | $3,265,921 | $10,892,375 |
Waypoint Services For Women Children And Families Cedar Rapids, IA | $13,237,865 | $8,326,073 |
Glacial Community Ymca Inc Oconomowoc, WI | $15,021,784 | $9,373,805 |
Young Mens Christian Association Of Muncie Indiana Muncie, IN | $22,995,969 | $20,415,678 |
Ywca Evanston North Shore Evanston, IL | $35,246,989 | $8,319,321 |